ANGLO-BOMARC MINES LTD. ("ANB")
BULLETIN TYPE: Warrant Price Amendment and Term Extension
BULLETIN DATE: December 15, 2016
TSX Venture Tier 2 Company
TSX Venture Exchange has consented to the reduction in the exercise price of the following warrants:
Private Placement: Price Amendment
# of Warrants: 14,250,000
Forced Exercise Provision: If the closing price for the Company's shares is $0.125 or greater for a period of 10 consecutive trading days, then the warrant holders will have 30 days to exercise their warrants; otherwise the warrants will expire on the 31st day.
Original Exercise Price of Warrants: $0.20
New Exercise Price of Warrants: $0.10
Private Placement: Term Extension
# of Warrants: 14,250,000
Original Expiry Date of Warrants: August 5, 2017
New Expiry Date of Warrants: August 5, 2010
These warrants were issued pursuant to a private placement of shares with share purchase warrants attached, which was accepted for filing by the Exchange effective.
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